National bank Current Affairs, GK & News
The government has unveiled a mega plan to merge 10 public sector banks into four as part of plans to create fewer and stronger global-sized lenders. Proposed Merger Punjab National Bank, Oriental Bank of Commerce and United Bank of India will combine to form the nation’s second-largest lender. Canara Bank and Syndicate Bank will merge. Union Bank ..
Topics: Allahabad Bank • Bank of Baroda • Canara Bank • Companies • Dena Bank • Economy of India • Financial services • Indian Overseas Bank • Mega Merger of Banks • National bank • Public Sector Banks • Public Sector Banks in India • State Bank of India • Syndicate Bank
In a slew of measures announced by the Finance Minister of India, Nirmala Sitharaman on 30th August, 2019, to take the country out of economic doldrums, one particular step of the government has stood out. This was the planned merger of 10 public sectors into 4 banks. The anchor banks for this merger will be ..
Topics: Bank of Baroda • Banking • Canara Bank • Central bank • Central Bank of India • Economy of India • Financial services • Indian Economy • Mega Merger of Banks • National bank • Public Sector Banks • Public Sector Banks in India • State Bank of India • Syndicate Bank
The History of Banking in India is as old as Vedic Civilization. For example, in Vedic age the loan deeds called rnapatra or rnalekhya were prevalent. Interest rates as well as usury (सूदखोरी ) was prevalent in Vedic India. The Vedic word Kusidin refers to an usurer. Manusmriti condemns usury and calls it an acceptable means of acquiring wealth. Existence of ..
The Institute of Banking Personnel Selection (IBPS) is going to conduct the 2nd Common Written Examination (CWE- PO/ MT- II) for recruitment of Probationary Officers/ Management Trainees post in 19 public sector banks of India. The tentative date of examination is 17 June 2012. This article gives the candidates, a preliminary information about the examination ..
Topics: Banking in India • Banks • Central bank • Economy • Financial services • Institute of Banking Personnel Selection • National bank • Public Sector Banks in India • Syndicate Bank • UCO Bank • Uttar Bihar Gramin Bank